New Delhi, Feb. 27 -- A National Export Strategy for electric vehicles (EVs) is now a necessity for India as global EV sales are projected to triple by 2030, according to a report by Federation of Indian Chambers of Commerce & Industry (FICCI) and Yes Bank.

The report, 'EV Market - India's Export Competitiveness', released at the 3rd FICCI National Conference on EVs, states that infrastructure expansion and alignment with global safety, cybersecurity, battery traceability, and sustainability standards are critical for India to capture emerging global value chains, reported ANI.

"As India invests in ecosystem development to enhance capabilities and its EV market starts to gain significance, exports become a strategic opportunity to scale...